US Bancorp DE Acquires 40,995 Shares of HSBC Holdings plc $HSBC

Market Beat
2026.03.01 12:54
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US Bancorp DE increased its stake in HSBC Holdings plc by 37.3% in Q3, acquiring 40,995 shares, bringing its total to 150,996 shares valued at $10.7 million. Other investors also adjusted their positions in HSBC. Analysts have upgraded HSBC's rating, with a consensus rating of "Moderate Buy" and a target price of $63.00. HSBC's stock opened at $93.16, with a market cap of $320 billion. The company recently reported strong earnings and announced a quarterly dividend of $2.25, up from $0.50, reflecting a yield of 9.7%.